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Home2017July

Month: July 2017

Guest Commentary

Noteware: What Does the CAFR Say? – “When You’re in a Hole, Quit Digging”

July 1, 2017 Jim Noteware

Late in the afternoon of December 26, 2014 — a post-Christmas Friday holiday for many — the City of Houston released its Comprehensive Annual Financial Report (CAFR) for fiscal year 2014, just meeting the legal

Guest Commentary

Noteware: Best to Bust: What Happens if Oil Prices Stay Down and Interest Rates Don’t?

July 1, 2017 Jim Noteware

For the past several months, the international press has been fixated with reporting on the unexpected but dramatic slide in world oil prices – from a high of $107 per barrel in June 2014 to

Guest Commentary

Noteware: Pension reform can no longer be postponed

July 1, 2017 Jim Noteware

In previous articles, I discussed the explosive growth of City of Houston expenditures over the past twelve years. The per capita cost of City government has risen 46% over that time, and the City projects

Guest Commentary

Noteware: Eliminating Prop 1 will not solve, and may exacerbate, Houston’s systemic fiscal problems

July 1, 2017 Jim Noteware

To address the City of Houston’s unsustainable fiscal trajectory, several current (and aspiring) elected officials have proposed increasing property taxes. They seem to view the City’s chronic deficits of more than a decade as a

Guest Commentary

Noteware: Budget disconnect: City Leaders vs. their own budget experts

July 1, 2017 Jim Noteware

A number of smart and caring Houstonians have watched in dismay as the City of Houston’s finances have deteriorated over the past twelve years. Only recently, however, have the City’s elected leaders and a few

Guest Commentary

Noteware: The City of Houston Has A Spending and Priorities Problem, Not A Revenue Problem

July 1, 2017 Jim Noteware

As the reality of the City’s budget has become apparent in recent weeks, Mayor Annise Parker and even some prospective 2015 mayoral candidates have begun to call for more revenues. This has led others to

Guest Commentary

Noteware: The city is broke — and has been for a very long time

July 1, 2017 Jim Noteware

There is dispute raging at City Hall – has the City of Houston balanced its budget or not? According to Mayor Annise Parker, the City has balanced its budget, every year, in compliance with the

Guest Commentary

Noteware: Houston is #1 – Or Is It?

July 1, 2017 Jim Noteware

Houston is a wonderful place to live and work. Some of us were born here; many of us moved here, attracted by opportunity and the welcoming culture. We chose to stay because of our success

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